Placing Your Properties on the Market
Investment properties are bought to be sold. Sooner or later the properties you acquire as foreclosures will be sold. This is true even for those you bought and held for rental income.
There could be any number of reasons why you want to dispose of the properties you bought as foreclosure bargains. Some real-estate investors sell their properties right away, taking the profit by flipping the property. Others hold and sell later.
When you decide to sell, you have two options: sell it yourself, or sell it by using a real-estate agent.
Many people try to sell a property first without engaging the services of a real-estate agent. They soon learn that agents earn their commissions. It takes a lot of work to sell a property. Advertising and marketing it, handling the inquiries and showings, and working with potential buyers to make an offer takes time and work. Most people give up, realizing it is easier to allow an agent to handle the property.
As an active real-estate investor you may find it easier to sell your own properties than noninvestors do. You are working a business and are accepting calls all the time. You may already know people that are likely to purchase the property. You are regularly looking for properties, and showing one to prospective buyers is not an issue. Plus you may want the leads of potential buyers.
Should I sell my properties myself?
If you have the time to do so, it might be beneficial. This is particularly true if you are looking for clients either for your rental units or to purchase other properties. If you find good contacts and you cannot meet their needs, offer to turn them over to your favorite real-estate agents. Providing leads to agents only helps your status with them.
Of course, just like noninvestors you can always engage the services of a real-estate agent. You might decide to employ the agent immediately so you can remain focused on acquiring additional foreclosure properties.

